VMware ((VMW – – Free Report) is expected to publish the results for the fourth quarter of fiscal year 2021 on February 25.

Total revenue for the quarter is expected to be $ 3.225 billion, up 5% year over year. Non-GAAP earnings are expected to be $ 2.04 per share.

The Zacks consensus estimate for quarterly earnings was flat at $ 2.05 per share for the past 30 days, suggesting nothing has changed from the same period last year.

Additionally, the consensus mark for revenue is $ 3.23 billion, up 5.2% year over year.

The company’s earnings exceeded Zacks’ consensus estimate for three of the past four quarters and missed it in one. The average profit surprise was 15.89%.

Let’s see how things went before this announcement.

Key factors to consider

VMware’s growing product portfolio as well as the solid rollout of cloud and security solutions are likely to result in revenue growth in …


Source link

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.